185 Westminster Road, Liverpool, Merseyside, L4 4LR

- PROPERTY TYPE
Flat
- BEDROOMS
3
- BATHROOMS
3
- SIZE
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Key features
- 3x 1Bed Flats
- Freehold title deed sold with properties
- Excellent investment opportunity
- Good annual yield
Description
Freehold Investment Opportunity; Three Self-Contained One-Bedroom Flats in easy reach to Liverpool City Centre- to be sold at auction, register on website for legal pack and bidding.
Description
Freehold Investment Opportunity Three Self-Contained One-Bedroom Flats with combined rental income of £1,494 PCM (£17,928 per annum)
An excellent opportunity to acquire the freehold interest together with three self-contained one-bedroom leasehold flats, offered as a single auction lot and producing an immediate rental income.
The property comprises three well-proportioned one-bedroom flats, each held on a lease with approximately 100 years remaining, with the freehold title included within the sale. All three flats are currently let on Assured Shorthold Tenancies, each producing £498 per calendar month, generating a combined gross annual rental income of £17,928.
The investment benefits from a straightforward ownership structure with no service charges or ground rent payable, offering purchasers a low-management residential investment with immediate income from completion.
The flats provide well-balanced accommodation suitable for the local rental market and occupy a convenient residential location on Westminster Road, offering easy access to Liverpool City Centre, local shopping facilities, schools, transport links and a wide range of employment opportunities.
This represents an ideal opportunity for both experienced and first-time investors seeking an income-producing freehold asset with future rental growth potential.
Accommodation:
Three self-contained one-bedroom flats
Sold as one freehold investment
Separate living accommodation within each flat
Well-established residential letting opportunity
Investment Highlights:
Freehold title included
Three one-bedroom leasehold flats
Approximately 100 years remaining on each lease
Fully tenanted
Rental income of £498 PCM per flat
Combined rental income of £1,494 PCM (£17,928 per annum)
No service charges
No ground rent
Immediate income-producing investment
Excellent addition to an investment portfolio
Location:
Situated on Westminster Road in North Liverpool, the property occupies a well-established residential location with excellent access to Liverpool City Centre, the waterfront, local shopping facilities, schools and public transport. The area continues to experience strong rental demand due to its affordability, connectivity and proximity to major employers, universities and regeneration projects.
Tenure:
Freehold, together with three long leasehold flats, each with approximately 100 years remaining.
Tenancy:
All three flats are sold subject to existing Assured Shorthold Tenancies.
Current Rental Income:
Flat 1 £498 PCM
Flat 2 £498 PCM
Flat 3 £498 PCM
Total Rental Income: £1,494 PCM (£17,928 per annum)
Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.
Auction Information
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 6%+VAT (subject to a minimum of £6,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Brochures
Legal DocumentsOnline Bidding- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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185 Westminster Road, Liverpool, Merseyside, L4 4LR
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Visit our security centre to find out moreDisclaimer - Property reference 361785. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Town & Country North West, Liverpool. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Town & Country North West, Liverpool on 0151 453 3527.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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